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Reply #4: The Bush tax cuts were horrible, but... [View All]

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devils chaplain Donating Member (245 posts) Send PM | Profile | Ignore Tue Sep-13-11 09:45 PM
Response to Reply #3
4. The Bush tax cuts were horrible, but...
The Bush tax cuts have "only" cost $2.5 trillion since 2001 (source: http://thinkprogress.org/economy/2011/06/07/237560/10-years-bush-tax-cuts/). In addition, the Bush wars have cost us approximately $1.2 trillion since 2001 (source: http://costofwar.com/en/). Add those up and the total is $3.7 trillion.

Meanwhile our national debt has increased by over $9 trillion since then.

Eliminating all of that would be a good start but unfortunately the problems we face are very, very large and I really don't see anyway around things getting worse without 60 reliable votes in the Senate. :(

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